IE Business School

PROGRAM BASICS

International MBA

IE Business School

María de Molina, 11, 13, 15
Madrid , Spain  

Program Web site:

www.imba.ie.edu

  Status:

Private Institution

Program e-mail address:

admissions@ie.edu

Graduate business school is accredited by:

AACSB International

Association of MBAs (AMBA)

European Foundation for Mgt. Development (EFMD)

EQUIS

Other

UNICOM

SCHOOL BASICS

Graduate business school enrollment:

Total: 1,901
Full-Time MBA: 492
Part-time MBA: 103
Executive MBA: 121
PhD Program: 19

Graduate degree programs:

Master of Accounting

Master of Electronic Commerce/Information Systems

Master of Finance

Master of Human Resources

Master of international Management/Business

Master of Marketing

Master of Technology

Other graduate degree programs:

Master in Biotechnology Management Master in Sport Management Master in Global Supply Chains Master in Turism Master of Laws in Internantional Legal Practice Executive LLM

PROGRAM COSTS

Total direct costs (tuition and required fees) of the entire MBA program:

Resident : $  71,680
Nonresident : $  71,680
Recommended annual budget (Resident): $  30,000
Recommended annual budget (Nonresident): $  45,000

PROGRAM LENGTH

Full-time program (months):

13

ADMISSIONS

Application Deadlines

N/A

  Does the program have rolling admissions?

Yes

  Is proficiency in English required for admission?

Yes

  Is a minimum score on an English language proficiency test required?

Yes

Which English language proficiency tests are accepted?

IELTS

TOEFL Computer Based

TOEFL Internet Based Test

TOEFL Paper-based Test

Minimum paper-based TOEFL score required for MBAs:

600

Relative Importance of Application Elements:

  GMAT Score:

Important

  Resume/Work Experience:

Very Important

  Application Essays:

Very Important

  Interviews:

Very Important

  Recommendations:

Important

APPLICANTS

Applications (admitted and denied) to the newest class:

2,433

Applicants who were accepted to the most recent class:

31  %

Admitted applicants who enrolled in the newest class:

64  %

  Applicant interviews are:

Required

Applicants (admitted and denied) who were interviewed:

57  %

Admitted applicants who were interviewed:

100  %

APPLICANT POOL

International applications received:

90  %

Applications from women received:

34  %

Mean base salary forgone:

$  57,600

Median base salary forgone:

$  59,200

CLASS PROFILE

Full-time students in newest entering class (2009-2010) that are:

Female: 31  %
International: 86  %

Students from following regions:

Africa : 1  %
Asia: 11  %
Eastern Europe and Central Asia: 5  %
Latin America and the Caribbean: 32  %
Middle East: 4  %
North America: 7  %
Oceania : 0  %
Western Europe: 40  %
Dual citizenship: 10  %

Percentage of U.S. students in newest entering class that are:

N/A

Percentage of U.S. students in newest entering class who are from the following regions:

N/A

Mean months of work experience of newest entering class:

60

Median months of work experience of newest entering class:

60

Middle 80% range of work experience of newest entering class in months:

        From:  24
        To:  96

Median age of entering class:

28

Mean age of entering class:

28

FINANCIAL AID

  Full-time MBAs apply for financial aid through:

Dedicated financial aid office at the B-school

Full-time MBAs who applied for financial aid for the current academic year:

36  %

Full-time MBAs receiving financial aid in the current academic year:

28  %

Mean MBA financial aid package for the current academic year:

$  14,000

Median MBA financial aid package for the current academic year:

$  12,000

On what basis are scholarships awarded?

A combination of need and merit

Full-tuition scholarships school will award during the upcoming academic year:

8

Mean scholarship awarded to full-time MBAs in the previous academic year:

$  14,000

  Does the school offer a guaranteed loan to all MBAs regardeless of nationality?

No

GMAT

  Are applicants required to take the GMAT?

No

If not, how are applicants' quantitative abilities checked before enrollment?

An entrance exam is required, however a student may present the GMAT, GRE or IE Admission Tes

GMAT scores:

Mean : 685
Median: 680

Middle 80% range GMAT scores:

        From:  640
        To:  760

CLASS OFFERINGS

Average number of students in a full-time MBA core class:

60

Average number of students in a full-time MBA elective class:

35

Elective courses available to full-time MBA students:

91

Electives that have been added to the full-time program since June 30, 2009:

The Art of Massaging the Mind
Innovation from two standpoints: entrepr and invesesto
Debating the World Economy
Renewable Energy Business
Sustainable Dev't & Corporate Social Responsability

Year of last major change or significant overhaul to the core curriculum:

2008

Concentrations and specializations offered to full-time MBA students:

E-commerce

Economics

Entrepreneurship

Finance

General Management

Human Resource Management

Leadership

Management Information Systems

Marketing

Operations Management

Organizational Behavior

N/A

Joint-degree programs offered to full-time MBAs:

MBA/JD (Law)

Other

  Does the school offer an accelerated full-time MBA program?

No

The school believes that its leading areas of study for full-time MBA students are:

Corporate Social Responsibility

Entrepreneurship

General Management

Leadership

Strategy

FACULTY

Faculty employed by the B-school:

91

Full-time faculty:

Tenured: 91

Adjunct/Visiting Faculty:

Tenured: 410

Women on Faculty:

Tenured: 30

Minority Faculty:

N/A

International Faculty:

Tenured: 46

Faculty with PhDs:

Tenured: 81

Faculty who are also members of company boards of directors or advisors:

18  %

Faculty who have owned their own business:

8  %

STUDENT LIFE

Professional clubs available to full-time MBA students:

Business Ethics

Business Law

Consulting

Corporate Social Responsibility/NetImpact

E-business

Entrepreneurship

Environmental

Finance

High Tech

Human Resources

Information Technology

Investment Banking

Manufacturing

Marketing

Media & Entertainment

New Media

Nonprofit

VC/ Private Equity

Other

Networking clubs available to full-time MBA students:

Gay/Lesbian/Bisexual

Hispanic Student Organization

International Club

Partners/Family

Volunteer

Wine

Women in MBA

TEACHING/ACADEMICS

Teaching methods used:

Case Study: 42  %
Distance Learning: 4  %
Experiential Learning: 8  %
Lectures: 11  %
Simulations: 25  %
Team Projects: 6  %
Other: 4  %

Poll-playing conferences acton learnig seminars

Requirements for graduation:

Students must write a complete business plan

Students must have attended a minimum number of classes

Students are required to be fluent in more than one language by graduation

Students must have earned a pre-determined GPA/letter grade average

Additional graduation requirements:

Final case exams

TECHNOLOGY

Technology improvements in the last three academic years:

- Creation of resources to enable the collaboration and participation of all members of the business school through our own social network - Improvement of management systems and internet services that cover the student’s life-cycle - Marked increase in the quantity and quality of audiovisual content production. - Replacement of physical services with virtual services to leverage resources and achieve lower electricity consumption. - Increased availability of service 24/7/365

Amount spent:

$  8,600,000

B-SCHOOL ALUMNI

Living MBA alumni:

39,000

Active MBA alumni clubs:

90

Countries in which MBA clubs exist:

50

Living MBA alumni who gave in past year:

11  %

Mean gift from MBA alumni:

$  1,970

Median gift from MBA alumni:

$  1,750

  Did school receive an individual gift in excess of $10 million in the past academic year?

No

Business school endowment

$  10,220,000

  Does the main university offer career placement services for alumni?

Yes

  Does the main university have an alumni networking Web site?

Yes

University alumni networking site:

http:/alumni.ie.edu/usr/

  Does the B-School have an alumni networking Web site?

Yes

Business school alumni networking site:

http:/alumni.ie.edu/usr/

  Do current MBA students have access to an alumni database?

Yes

CAREER SERVICES

Graduates seeking full-time professional MBA employment: 77  %
Graduates not seeking employment: 11  %
Graduates for whom you have no information regarding employment: 12  %

Annual job-searching trips that the school coordinates or participates in:

N/A

Primary source of job offer:

N/A

Companies that recruited second-year MBAs on campus in 2008-09:

120

Companies that posted full-time job offers for MBAs
on the school's job boards in 2008-09:

1500

Job Offers for 2009 graduates:

Received first job offer by graduation: 47  %
Received first job offer in three months following graduation: 42  %
Did not report having received a job offer: 11  %
Accepted first job offer by graduation: 43  %
Accepted first job offer in three months following graduation: 46  %
Did not report having accepted a job offer: 11  %

Top recruiting organizations most recent academic year:

LOreal   4
IE Business School   4
Telefonica Internacional   4
European Investement Fund   3
IBA   3
Accenture   2
SAB Miller Group   2
Deloitte   2
Ultramar Agencia Maritima Ltda   2
Bayer   2
Adidas AG   1
Coca-Cola Mexico   1
HSBC Private Bank   1
Johnson & Johnson   1
Nokia   1

Base salary, signing bonuses and other compensation for most recent employed graduates:

Mean base salary: $  98,100

Graduating students who accepted jobs in the following functional areas:

Consulting: 27  %
Finance/Accounting: 20  %
General Management: 15  %
Human Resources: 6  %
Marketing/Sales: 24  %
Management Information Systems (MIS): 2  %
Operations/Logistics: 3  %
Other: 3  %

Graduating students who accepted jobs in the following industries:

Government: 2  %
Consulting: 23  %
Consumer Products: 12  %
Financial Services: 11  %
Manufacturing: 6  %
Media/Entertainment: 2  %
Non-Profit: 1  %
Petroleum/Energy: 5  %
Pharmaceutical/Biotechnology/Health Care: 6  %
Real Estate: 6  %
Technology: 14  %
Other: 12  %

Graduates who accepted full-time jobs in the following regions:

Africa: 0  %
Asia: 13  %
Eastern and Central Europe and Central Asia: 12  %
Latin America and the Caribbean: 22  %
Middle East: 2  %
North America: 2  %
Oceana: 0  %
Western Europe: 49  %

Within North America, graduates who accepted full-time jobs in the following regions:

N/A

Companies that recruited MBAs for internships on campus in 2008-09:

50

Top recruiting organizations for internships, most recent academic year:

ACCENTUR   1
ACCIONA ENERGIA   1
APPLE   1
BANCO SANTANDER   3
CATALYSIS   1
CENTRAL BANK OF ALBANIA   1
DEUCHE TLECOM   4
CONCORDIA 21   2
McKINSEY & COMPANY   1
OLIVER WYMAN   1
PHILIPS   1
SAMSUNG   3
SOCCER IN THE STREET   1
TECHBA   1
TELIASONERA   1

Internships awarded that are paid:

100  %

Weekly internship compensation:

        Mean: N/A
        Median: N/A

Average internship length in weeks:

12

SCHOOL COMMENTS

School Comments:

N/A